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Consolidated Condensed Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest and dividend income:        
Interest and fees on loans $ 96,428,000 $ 77,787,000 $ 188,042,000 $ 150,203,000
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 13,431,000 7,624,000 26,410,000 13,754,000
Interest Income, Securities, State and Municipal 2,906,000 2,676,000 5,818,000 5,123,000
Other interest income 1,909,000 260,000 5,305,000 413,000
Total interest and dividend income 114,674,000 88,347,000 225,575,000 169,493,000
Interest on deposits:        
Demand and savings deposits 18,068,000 1,333,000 32,280,000 1,684,000
Time deposits 1,966,000 708,000 3,313,000 1,428,000
Interest on borrowings:        
Short-term borrowings 728,000 190,000 1,552,000 434,000
Long-term debt 2,340,000 2,177,000 4,660,000 4,322,000
Total interest expense 23,102,000 4,408,000 41,805,000 7,868,000
Net interest income 91,572,000 83,939,000 183,770,000 161,625,000
Provision for (recovery of) credit losses 2,492,000 2,991,000 2,675,000 (1,614,000)
Net interest income after provision for credit losses 89,080,000 80,948,000 181,095,000 163,239,000
Noninterest Income [Abstract]        
Debit card fee income 6,830,000 6,731,000 13,287,000 12,857,000
Bank owned life insurance income 1,332,000 2,374,000 2,517,000 3,549,000
ATM Fees 553,000 583,000 1,086,000 1,115,000
Gains (Losses) on Sales of Other Real Estate 12,000 4,000 3,000 4,000
Real Estate Owned, Valuation Allowance, Valuation Increase 0 0 15,000 30,000
Loss (gain) on equity securities, net 25,000 709,000 (380,000) 3,062,000
Other components of net periodic benefit income 1,893,000 3,027,000 3,786,000 6,054,000
Other 874,000 1,403,000 2,039,000 4,126,000
Total other income 25,015,000 31,193,000 49,402,000 62,849,000
Other expense:        
Salaries and employee benefits 33,649,000 31,052,000 68,520,000 61,573,000
Employee Benefits and Share-based Compensation 10,538,000 10,199,000 21,354,000 20,698,000
Occupancy expense 3,214,000 3,040,000 6,567,000 6,254,000
Furniture and equipment expense 3,103,000 2,934,000 6,349,000 5,871,000
Data processing fees 9,582,000 8,416,000 18,332,000 15,920,000
Professional fees and services 7,365,000 6,775,000 14,586,000 12,633,000
Marketing 1,239,000 1,019,000 2,558,000 2,336,000
Insurance 1,960,000 1,245,000 3,774,000 2,650,000
Communication 1,045,000 935,000 2,082,000 1,825,000
Excise and Sales Taxes 1,096,000 1,167,000 2,374,000 2,359,000
Amortization of Intangible Assets 328,000 403,000 655,000 805,000
Other expense 2,766,000 2,863,000 5,237,000 4,497,000
Total other expense 75,885,000 70,048,000 152,388,000 137,421,000
Income before income taxes 38,210,000 42,093,000 78,109,000 88,667,000
Income taxes 6,626,000 7,769,000 12,792,000 15,468,000
Net income $ 31,584,000 $ 34,324,000 $ 65,317,000 $ 73,199,000
Net income available to common shareholders        
Basic $ 1.95 $ 2.11 $ 4.03 $ 4.51
Diluted $ 1.94 $ 2.10 $ 4.01 $ 4.48
Weighted average common shares outstanding        
Basic 16,165,119 16,249,307 16,203,736 16,234,598
Diluted 16,240,600 16,361,246 16,282,693 16,346,141
Quarterly Dividend        
Weighted average common shares outstanding        
Cash dividends declared $ 1.05 $ 1.04 $ 2.10 $ 2.08
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 8,816,000 $ 8,859,000 $ 17,431,000 $ 17,656,000
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 2,041,000 2,563,000 4,282,000 4,637,000
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 2,639,000 $ 4,940,000 $ 5,336,000 $ 9,759,000